Super Micro Computer Inc (SMCI)

Return on equity (ROE)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	1,444,626	1,419,998	1,152,666	1,048,991	732,378	612,577	639,998	587,251	578,377	444,142	285,163	183,503	124,959	110,701	111,865	91,153	88,532	84,564	84,308	89,568
Total stockholders’ equity	US$ in thousands	6,238,310	5,876,750	5,417,210	5,093,990	3,076,910	2,165,380	1,972,000	1,768,410	1,818,680	1,625,040	1,425,580	1,273,740	1,186,670	1,132,620	1,096,220	1,053,780	1,064,050	1,072,570	1,065,540	1,038,230
ROE		23.16%	24.16%	21.28%	20.59%	23.80%	28.29%	32.45%	33.21%	31.80%	27.33%	20.00%	14.41%	10.53%	9.77%	10.20%	8.65%	8.32%	7.88%	7.91%	8.63%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,444,626K ÷ $6,238,310K
= 23.16%

Super Micro Computer Inc's return on equity (ROE) has shown fluctuations over the past few years. The ROE was relatively stable around the 8-10% range from March 2020 to June 2021. It then experienced a significant improvement, reaching a peak of 32.45% by June 2023. This substantial increase was followed by a slight decline in ROE to 23.80% by December 2023. Throughout 2024, the ROE continued to hover around the 20-25% range, indicating a strong performance in generating profit relative to shareholder equity. Overall, the upward trend in ROE from 2020 to 2023 followed by a period of relative stability in 2024 suggests that Super Micro Computer Inc has been effectively utilizing its equity to generate profits and create value for its shareholders.